Question 67

A shopkeeper purchased a TV for Rs.2,000 and a radio for Rs.750. He sells the TV at a profit of 20% and ther radio at a loss of 5%. The total loss or gain is

Solution

Cost price of TV = Rs. 2000

Profit % = 20%

=> Selling price of TV = $$2000+(\frac{20}{100}\times2000)$$

= $$2000+400=Rs.$$ $$2400$$

Similarly, selling price of radio = $$750-(\frac{5}{100}\times750)$$

= $$750-37.5=Rs.$$ $$712.5$$

Thus, total cost price = $$(2000+750)=Rs.$$ $$2750$$

and total selling price = $$(2400+712.5)=Rs.$$ $$3112.5$$

$$\therefore$$ Gain = $$3112.5-2750=Rs.$$ $$362.50$$

=> Ans - (B)

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